Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
ROBERT B DAUGHERTY FOUNDATION
 
% JOHN WILSON
Number and street (or P.O. box number if mail is not delivered to street address)ONE VALMONT PLAZA Suite 202
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Omaha, NE68154
A Employer identification number

36-3766006
B Telephone number (see instructions)

(402) 933-4663
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$693,124,681J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 25,064,855
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 694 694  
4 Dividends and interest from securities... 11,135,272 11,120,415 14,857
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 37,211,445
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 37,211,445
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 73,412,266 48,332,554 14,857
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 697,923 139,585   558,338
14 Other employee salaries and wages...... 299,570 59,914   239,656
15 Pension plans, employee benefits....... 169,789 33,958   135,831
16a Legal fees (attach schedule)......... Click to see attachment 20,462 18,416 0 2,046
b Accounting fees (attach schedule)....... Click to see attachment 33,440 6,688 0 26,752
c Other professional fees (attach schedule).... Click to see attachment 2,615,626 2,550,810   64,816
17 Interest............... 47,434 47,434    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 578,406 71,787   36,619
19 Depreciation (attach schedule) and depletion... Click to see attachment 167,681 167,681  
20 Occupancy.............. 205,261 41,052   164,209
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,338,839 1,237,295   77,262
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,174,431 4,374,620 0 1,305,529
25 Contributions, gifts, grants paid....... 36,047,122 36,047,122
26 Total expenses and disbursements. Add lines 24 and 25 42,221,553 4,374,620 0 37,352,651
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 31,190,713
b Net investment income (if negative, enter -0-) 43,957,934
c Adjusted net income (if negative, enter -0-)... 14,857
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 13,638,384 16,602,147 16,602,147
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 719,883,608 Click to see attachment671,734,665 671,734,665
14 Land, buildings, and equipment: basis bullet1,407,553
Less: accumulated depreciation (attach schedule) bullet636,158 934,110 771,395 771,395
15 Other assets (describe bullet)   Click to see attachment4,016,474 Click to see attachment4,016,474
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 734,456,102 693,124,681 693,124,681
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 734,456,102 693,124,681
25 Temporarily restricted............... 0 0
26 Permanently restricted............... 0 0
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 734,456,102 693,124,681
31 Total liabilities and net assets/fund balances (see instructions). 734,456,102 693,124,681
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
734,456,102
2
Enter amount from Part I, line 27a .....................
2
31,190,713
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
765,646,815
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
72,522,134
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
693,124,681
Form 990-PF (2015)
Form 990-PF (2015)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a OTHER - DETAIL AVAILABLE UPON REQUEST P    
b SHS VALMONT INDUSTRIES, INC. D    
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a       6,133,735
b       31,055,000
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a        
b        
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 37,211,445
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 35,215,602 763,059,100 0.046151
2013 31,170,484 743,529,246 0.041922
2012 25,338,173 676,131,741 0.037475
2011 12,877,562 539,247,522 0.023881
2010 9,071,746 279,710,288 0.032433
2
Total of line 1, column (d) .....................
20.181862
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years . . .
3
0.036372
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
729,101,589
5
Multiply line 4 by line 3......................
5
26,518,883
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
439,579
7
Add lines 5 and 6........................
7
26,958,462
8
Enter qualifying distributions from Part XII, line 4.............
8
37,352,651
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2015)
Form 990-PF (2015)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 439,579
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 439,579
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 439,579
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 457,608
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 60,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 517,608
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 78,029
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet78,029 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see list of attachments....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see list of attachments....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.Click to see list of attachments
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNE
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletJOHN WILSON Telephone no.bullet (402) 933-4663

    Located atbulletONE VALMONT PLAZA SUITE 202OMAHANE ZIP+4bullet68154
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16Yes  
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bulletEI
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    J TIMOTHY DAUGHERTY trustee
    1.0     		35,000 0 0
    ONE VALMONT PLAZA
    Omaha,NE68154
    ROBERT DAUGHERTY III TRUSTEE
    1.0     		35,000 0 2,886
    ONE VALMONT PLAZA
    Omaha,NE68154
    F JOE DAUGHERTY TRUSTEE
    1.0     		35,000 0 0
    ONE VALMONT PLAZA
    Omaha,NE68154
    MOGENS BAY TRUSTEE
    1.0     		35,000 0 0
    ONE VALMONT PLAZA
    Omaha,NE68154
    KEN STINSON TRUSTEE
    1.0     		35,000 0 0
    ONE VALMONT PLAZA
    Omaha,NE68154
    JOHN K WILSON EXECUTIVE DIRECTOR
    40.0     		352,577 54,948 0
    ONE VALMONT PLAZA
    Omaha,NE68154
    KIMBERLY YUNGTUM CHIEF GRANTS OFFICER
    40.0     		170,346 38,395 0
    ONE VALMONT PLAZA
    Omaha,NE68154
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    REBECCA NADGWICK CONTROLLER/MANAGER
    40.0     		111,854 30,913 0
    ONE VALMONT PLAZA
    OMAHA,NE68154
    FRED SCHOTT PROGRAM ADVISOR
    20.0     		88,144 7,052 0
    ONE VALMONT PLAZA
    OMAHA,NE68154
    SARA SEMIN GRANTS RESEARCHER
    40.0     		78,723 20,038 0
    ONE VALMONT PLAZA
    OMAHA,NE68154
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    PRODIGY ASSET MANAGEMENT LLC INVESTMENT SERVICES 1,086,174
    14100 CRAWFORD STREET
    BOYS TOWN,NE68010
    BNY Mellon NA investment services 223,425
    PO BOX 223230
    PITTSBURGH,PA152512230
    MONDRIAN INVESTMENT GROUP INC investment services 233,404
    1105 N MARKET STREET SUITE 1118
    WILMINGTON,DE19801
    IRIDIAN ASSET MANAGEMENT LLC investment services 166,662
    276 POST ROAD WEST
    WESTPORT,CT068804704
    conestoga capital advisors investment services 134,156
    550 E SWEDESFORD ROAD SUITE 120
    WAYNE,PA19087
    Total number of others receiving over $50,000 for professional services.............bullet4
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    717,529,166
    b
    Average of monthly cash balances.......................
    1b
    21,421,539
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,253,954
    d
    Total (add lines 1a, b, and c).........................
    1d
    740,204,659
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    740,204,659
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    11,103,070
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    729,101,589
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    36,455,079
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    36,455,079
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    439,579
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    439,579
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    36,015,500
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    36,015,500
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    36,015,500
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    37,352,651
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    37,352,651
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    439,579
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    36,913,072
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 36,015,500
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 35,125,365
    b Total for prior years:2013, 2012, 2011  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 37,352,651
    a Applied to 2014, but not more than line 2a 35,125,365
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2015 distributable amount..... 2,227,286
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		33,788,214
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015.... 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Kimberly Yungtum
    ONE VALMONT PLAZA SUITE 202
    OMAHA,NE68154
    (402) 933-4663
    bThe form in which applications should be submitted and information and materials they should include:
    ATTACHMENT 17
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    PRIMARILY FOR ORGANIZATIONS IN THE STATE OF NEBRASKA, PARTICULARLY IN THE GREATER OMAHA AREA.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Aqua-Africa Inc
    1213 Jones Street
    Omaha,NE68102     		none PC General Operating Support 50,000
    Ashland Area Foundation
    1442 Silver St
    Ashland,NE68003     		none PC Capital Fund/Renovation 50,000
    Autism Action Partnership
    10110 Nichols Street Suite 202
    Omaha,NE68114     		none PC Program/Project Support 30,000
    Bethany Lutheran Church
    4200 N 204th St
    Elkhorn,NE68022     		none PC Program/Project Support 2,000
    Big Brothers Big Sisters Of The Midlands
    10831 Old Mill Rd Suite 400
    Omaha,NE68154     		none PC General Operating Support 50,000
    Blue Barn Theatre
    1106 South 10th Street
    Omaha,NE68108     		none PC General Operating Support 30,000
    Boy Scouts Of America Mid America Council
    12401 West Maple Road
    Omaha,NE68164     		none PC Capital Fund/Renovation 249,000
    Boys & Girls Clubs Of Lincoln and Lancaster County
    PO Box 22344
    Lincoln,NE68542     		none PC General Operating Support 30,000
    Boys And Girls Clubs Of The Midlands
    2610 Hamilton Street
    Omaha,NE68131     		none PC Program/Project Support and General Operating Support 972,500
    Brain Injury Association of Nebraska Inc
    2424 Ridge Point Circle
    Lincoln,NE68512     		none PC Program/Project Support 15,000
    Casa For Douglas County
    2412 St Marys Avenue
    Omaha,NE68105     		none PC General Operating Support 25,000
    Chadron State Foundation
    1000 Main Street
    Chadron,NE69337     		none PC Capital Fund/Renovation 300,000
    Child Saving Institute Inc
    4545 Dodge St
    Omaha,NE68132     		none PC General Operating Support 25,000
    Children's Hospital & Medical Center Foundation
    8401 West Dodge Road Suite 120
    Omaha,NE68114     		none PC Capital Fund/Renovation 250,000
    Childrens Scholarship Fund Of Omaha
    1111 N 13th Street Suite 101
    Omaha,NE68102     		none PC Program/Project Support 500,000
    City of Lexington
    406 E 7th Street
    Lexington,NE68850     		none GOV Capital Fund/Renovation 140,000
    City Of Omaha Police Foundation Inc
    P O Box 31134
    Omaha,NE68131     		none PC Program/Project Support 11,500
    Collective For Youth
    105 N 31st Ave Suite 103
    Omaha,NE68131     		none PC General Operating Support 50,000
    College of St Mary
    7000 Mercy Road
    Omaha,NE68106     		none PC Capital Fund/Renovation 1,000,000
    College Possible
    900 S 74th Plaza Suite 403
    Omaha,NE68114     		none PC General Operating Support 250,000
    Columbus Family Y Inc
    3912 38th Street
    Columbus,NE68601     		none PC Capital Fund/Renovation 125,000
    Community Information Trust
    10050 Regency Circle Suite 101
    Omaha,NE68114     		none PC Capital Fund/Renovation 625,000
    Completely KIDS
    2566 St Marys Avenue
    Omaha,NE68105     		none PC General Operating Support 165,000
    Council Bluffs Community School District
    300 West Broadway Suite 1600
    Council Bluffs,IA51503     		none GOV Capital Fund/Renovation 250,000
    Creighton University
    2500 California Plaza
    Omaha,NE68178     		none PC Capital Fund/Renovation 2,000,000
    Custer Economic Development Corporation
    PO Box 2
    Broken Bow,NE68822     		none PC Program/Project Support 10,000
    Donors Trust co Heritage Services
    10050 Regency Circle Suite 101
    Omaha,NE68114     		none PC Capital Fund/Renovation 3,200,000
    Downtown Omaha Inc Foundation
    PO Box 8252
    Omaha,NE68108     		none PC Program/Project Support 25,000
    Film Streams Inc
    1340 Mike Fahey Street
    Omaha,NE68102     		none PC General Operating Support 25,000
    Fremont Area Habitat for Humanity Inc
    701 E Dodge Street
    Fremont,NE68026     		none PC Capital Fund/Renovation 40,000
    Girls Incorporated of Omaha
    2811 North 45th Street
    Omaha,NE68104     		none PC Capital Fund/Renovation 1,002,750
    Glacier National Park Conservancy
    402 9th St West
    Columbia Falls,MT59912     		none PC Program/Project Support 50,000
    Grand Island Public Schools Foundation
    123 South Webb Road
    Grand Island,NE68802     		none PC Capital Fund/Renovation 395,000
    Habitat For Humanity of Omaha Inc
    1701 N 24th Street
    Omaha,NE68110     		none PC Program/Project Support 285,000
    Hastings College Foundation
    11422 Miracle Hills Drive Suite 55
    Omaha,NE68154     		none SO II Capital Fund/Renovation 1,500,000
    Hastings Museum Foundation Inc
    500 East 39th Street
    Hastings,NE68902     		none PC Capital Fund/Renovation 75,000
    Heartland Family Service
    2101 S 42nd St
    Omaha,NE68105     		none PC Capital Fund/Renovation 500,000
    Heartland Hope Mission
    2021 U Street
    Omaha,NE68107     		none PC General Operating Support 30,000
    Hennepin Health Foundation
    701 Park Ave LSB-3
    Minneapolis,MN55415     		none SO II Program/Project Support 200,000
    Heritage Services
    10050 Regency Circle Suite 101
    Omaha,NE68114     		none PC Program/Project Support 95,500
    Intercultural Senior Center
    3010 R St
    Omaha,NE68107     		none PC General Operating Support 30,000
    Joslyn Castle Trust Inc
    3902 Davenport Street
    Omaha,NE68131     		none PC General Operating Support 50,000
    Justice For Our Neighbors Nebraska
    2414 E Street
    PO Box 785
    Omaha,NE68107     		none PC General Operating Support 50,000
    Kaneko
    1111 Jones Street
    Omaha,NE68102     		none PC General Operating Support 50,000
    Kids Can Community Center
    4860 Q Street
    Omaha,NE68117     		none PC General Operating Support and Capital Fund/ Renovation 70,000
    Lincoln Childrens Museum
    1420 P Street
    Lincoln,NE68508     		none PC Capital Fund/Renovation 100,000
    Metropolitan Community College Foundation
    PO Box 3777
    Omaha,NE68103     		none PC Capital Fund/Renovation 1,875,000
    Missouri River Basin Lewis & Clark Interpretive Tr
    100 Valmont Drive
    Nebraska City,NE68410     		none PC General Operating Support 50,000
    National Arbor Day Foundation
    2700 Sylvan Road
    Nebraska City,NE68410     		none PC Capital Fund/Renovation 500,000
    Nebraska Advanced Manufacturing Coalition
    1299 Farnam St Ste 530
    Omaha,NE68102     		none PC Program/Project Support 15,000
    Nebraska Children And Families Foundation
    215 Centennial Mall South Suite 20
    Lincoln,NE68508     		none PC Program/Project Support 250,000
    Nebraska Game And Parks Foundation
    P O Box 36
    Waverly,NE68462     		none PC Capital Fund/Renovation 150,000
    Nebraska Humane Society
    8929 Fort Street
    Omaha,NE68134     		none PC General Operating Support 100,000
    Nebraska Shakespeare Festival Inc
    2500 California Plaza
    Omaha,NE68178     		none PC Program/Project Support 10,000
    Nebraska Trails Foundation Inc
    3901 S 27th Street Unit 29
    Lincoln,NE68502     		none PC Capital Fund/Renovation 140,000
    Nevis Public Schools
    210 Pleasant St W
    Nevis,MN56467     		none GOV Program/Project Support 10,000
    North Platte Community College Foundation
    1101 Halligan Drive
    North Platte,NE69101     		none PC Capital Fund/Renovation 100,000
    Northeast Community College Foundation
    801 East Benjamin Avenue
    Norfolk,NE68702     		none PC Capital Fund/Renovation 450,000
    Northstar Foundation
    4242 N 49th Ave
    Omaha,NE68104     		none PC General Operating Support and Program/Project Support 142,000
    Omaha Botanical Center Inc
    100 Bancroft Street
    Omaha,NE68108     		none PC Program/Project Support 60,000
    Omaha by Design
    6001 Dodge Street
    Omaha,NE68182     		none PC General Operating Support 25,000
    Omaha Children's Museum Inc
    500 South 20th Street
    Omaha,NE68102     		none PC General Operating Support 50,000
    Omaha Community Playhouse
    6915 Cass Street
    Omaha,NE68132     		none PC General Operating Support and Capital Fund/ Renovation 200,000
    Omaha Conservatory Of Music
    3504 S 108th St
    Omaha,NE68144     		none PC Program/Project Support and Capital Fund/ Renovation 350,000
    Omaha Development Foundation
    1301 Harney Street
    Omaha,NE68102     		none PC Program/Project Support 100,000
    Omaha Equestrian Foundation
    1004 Farnam Suite 400
    Omaha,NE68102     		none PC Program/Project Support 50,000
    Omaha Municipal Land Bank
    1299 Farnam Street Suite 302
    Omaha,NE68102     		none PC General Operating Support 150,000
    Omaha Performing Arts Society
    1200 Douglas Street
    Omaha,NE68102     		none PC Capital Fund/Renovation 1,102,500
    Omaha Schools Foundation
    3215 Cuming Street
    Omaha,NE68131     		none PC Capital Fund/Renovation 600,000
    Omaha Sports Commission
    1004 Farnam Street Suite 102
    Omaha,NE68102     		none PC Program/Project Support 575,000
    Omaha Zoo Foundation
    3701 South 10th Street
    Omaha,NE68107     		none SO II Capital Fund/Renovation 6,000,000
    Oneworld Community Health Centers Inc
    4920 South 30th Street Suite 103
    Omaha,NE68107     		none PC General Operating Support 125,000
    OperaOmaha Inc
    1850 Farnam Street
    Omaha,NE68102     		none PC General Operating Support 100,000
    Oregon Trail Community Foundation
    115 W Railway Street
    Scottsbluff,NE69361     		none PC Capital Fund/Renovation 150,000
    Project Harmony-Haven For Abuse Response Members S
    11949 Q Street
    Omaha,NE68137     		none PC Program/Project Support and Capital Fund/ Renovation 993,500
    Quality Living Inc
    6404 North 70th Plaza
    Omaha,NE68104     		none PC Capital Fund/Renovation 400,000
    Ronald McDonald House Charities In Omaha Inc
    620 S 38th Ave
    Omaha,NE68105     		none PC General Operating Support 50,000
    Scotts Bluff National Monument
    190276 Old Oregon Trail
    Gering,NE69341     		none GOV Program/Project Support 50,000
    Special Olympics Nebraska Inc
    9427 F Street
    Omaha,NE68127     		none PC Program/Project Support 35,000
    Stephen Center Inc
    2723 Q Street
    Omaha,NE68107     		none PC Capital Fund/Renovation and Program/Project Support 400,000
    Stuhr Museum Foundation
    3133 W Hwy 34
    Grand Island,NE68801     		none SO II Capital Fund/Renovation 175,000
    TeamMates Mentoring Program
    11850 Nicholas Street Suite 120
    Omaha,NE68154     		none PC General Operating Support 100,000
    Ted E Bear Hollow Inc
    7811 Farnam Drive
    Omaha,NE68114     		none PC General Operating Support 25,000
    The Durham Museum
    801 South 10th Street
    Omaha,NE68108     		none PC Capital Fund/Renovation 617,500
    The Groundwater Foundation
    3201 Pioneers Blvd Suite 105
    Lincoln,NE68502     		none PC General Operating Support 50,000
    Together Inc Of Metropolitan Omaha
    812 S 24th Street
    Omaha,NE68108     		none PC General Operating Support 115,000
    United Way Of The Midlands
    2201 Farnam Street
    Omaha,NE68102     		none PC General Operating Support 553,372
    University Of Nebraska Foundation
    1010 Lincoln Mall Suite 300
    Lincoln,NE68508     		none PC Program/Project Support 3,600,000
    Urban League Of Nebraska
    3040 Lake Street
    Omaha,NE68111     		none PC Capital Fund/Renovation and General Operating Support 130,000
    Volunteers Assisting Seniors
    1941 S 42nd St Ste 312
    Omaha,NE68105     		none PC General Operating Support 10,000
    Wayne State Foundation
    1111 Main Street
    Wayne,NE68787     		none PC Capital Fund/Renovation Support 150,000
    Why Arts Inc
    1030 S 111th Plaza
    Omaha,NE68154     		none PC General Operating Support 20,000
    Wounded Warriors Family Support Inc
    920 S 107th Ave Suite 250
    Omaha,NE68114     		none PC General Operating Support 75,000
    Youth Care & Beyond Inc
    2819 S 125th Ave Suite 276
    Omaha,NE68144     		none PC Capital Fund/Renovation and General Operating Support 65,000
    Youth Emergency Services Inc
    2679 Farnam St Suite 205
    Omaha,NE68131     		none PC General Operating Support 25,000
    Total .................................bullet 3a 36,047,122
    bApproved for future payment
    Accelerate Nebraska Inc
    7101 Mercy Road Suite 210
    Omaha,NE68106     		None PC Program/Project Support 60,000
    American Cancer Society Inc
    9850 Nicholas St Suite 200
    Omaha,NE68114     		None PC Capital Fund/Renovation 250,000
    Aqua-Africa Inc
    1213 Jones Street
    Omaha,NE68102     		None PC General Operating Support 100,000
    Autism Action Partnership
    10110 Nichols Street Suite 202
    Omaha,NE68114     		None PC Program/Project Support 30,000
    Blair Public Library Foundation
    210 S 17th St
    Blair,NE68008     		None PC Capital Fund/Renovation 250,000
    Boys And Girls Clubs Of The Midlands
    2610 Hamilton Street
    Omaha,NE68131     		None PC General Operating Support 425,000
    Boys And Girls Clubs Of The Midlands
    2610 Hamilton Street
    Omaha,NE68131     		None PC Program/Project Support 45,000
    Central Community College Foundation Inc
    2727 W Second Street Suite 211
    Hastings,NE68901     		None PC Capital Fund/Renovation 2,000,000
    City Of Omaha Police Foundation Inc
    P O Box 31134
    Omaha,NE68131     		None PC Program/Project Support 410,000
    College of St Mary
    7000 Mercy Road
    Omaha,NE68106     		None PC Capital Fund/Renovation 1,000,000
    Community Alliance Inc
    4001 Leavenworth Street
    Omaha,NE68105     		None PC Program/Project Support 725,000
    Community Information Trust
    10050 Regency Circle Suite 101
    Omaha,NE68114     		None PC Capital Fund/Renovation 1,875,000
    Completely KIDS
    2566 St Marys Avenue
    Omaha,NE68105     		None PC General Operating Support 275,000
    Council Bluffs Community School District
    300 West Broadway Suite 1600
    Council Bluffs,IA51503     		None GOV Capital Fund/Renovation 1,250,000
    Creighton University
    2500 California Plaza
    Omaha,NE68178     		None PC Capital Fund/Renovation 5,000,000
    Downtown Omaha Inc Foundation
    PO Box 8252
    Omaha,NE68108     		None PC Program/Project Support 50,000
    Father Flanagans Boys Home
    14100 Crawford Street
    Boys Town,NE68010     		None PC Program/Project Support 2,500,000
    Film Streams Inc
    1340 Mike Fahey St
    Omaha,NE68102     		None PC General Operating Support 150,000
    Girl Scouts Spirit of Nebraska
    2121 S 44th Street
    Omaha,NE68105     		None PC Program/Project Support 70,000
    Hastings Library Foundation
    PO Box 849
    Hastings,NE68902     		None PC Capital Fund/Renovation 150,000
    Hope Harbor Inc
    610 W Division
    Grand Island,NE68801     		None PC Capital Fund/Renovation 250,000
    Intercultural Senior Center
    3010 R St
    Omaha,NE68107     		None PC General Operating Support 60,000
    Joslyn Art Museum Foundation
    2200 Dodge Street
    Omaha,NE68102     		None PC Capital Fund/Renovation 400,000
    Kids Can Community Center
    4860 Q Street
    Omaha,NE68117     		None PC General Operating Support 50,000
    Legacy of the Plains
    2930 Old Oregon Trail
    Gering,NE69341     		None PC Capital Fund/Renovation 250,000
    Live Well Omaha
    PO Box 31518
    Omaha,NE68131     		None PC Capital Fund/Renovation 137,000
    Merrymakers Association
    12020 Shamrock Plaza Suite 200
    Omaha,NE68154     		None PC General Operating Support 75,000
    Nature Conservancy Inc
    1007 Leavenworth Street
    Omaha,NE68102     		None PC Capital Fund/Renovation 500,000
    Nebraska Game And Parks Foundation
    P O Box 36
    Waverly,NE68462     		None PC Capital Fund/Renovation 240,000
    Nebraska Game And Parks Foundation
    P O Box 36
    Waverly,NE68462     		None PC Capital Fund/Renovation 300,000
    Nebraska Shakespeare Festival Inc
    2500 California Plaza
    Omaha,NE68178     		None PC Program/Project Support 20,000
    North Platte Community College Foundation
    1101 Halligan Drive
    North Platte,NE69101     		None PC Capital Fund/Renovation 250,000
    Northstar Foundation
    4242 N 49th Ave
    Omaha,NE68104     		None PC General Operating Support 200,000
    Omaha Botanical Center Inc
    100 Bancroft Street
    Omaha,NE68108     		None PC Program/Project Support 50,000
    Omaha Conservatory Of Music
    3504 S 108th St
    Omaha,NE68144     		None PC Capital Fund/Renovation 900,000
    Omaha Equestrian Foundation
    1004 Farnam Suite 400
    Omaha,NE68102     		None PC Program/Project Support 500,000
    Omaha Municipal Land Bank
    1299 Farnam Street Suite 302
    Omaha,NE68102     		None PC General Operating Support 450,000
    Omaha Performing Arts Society
    1200 Douglas Street
    Omaha,NE68102     		None PC Capital Fund/Renovation 240,000
    Omaha Schools Foundation
    3215 Cuming Street
    Omaha,NE68131     		None PC Capital Fund/Renovation 100,000
    Omaha Zoo Foundation
    3701 South 10th Street
    Omaha,NE68107     		None SO II Capital Fund/Renovation 19,500,000
    Oneworld Community Health Centers Inc
    4920 South 30th Street Suite 103
    Omaha,NE68107     		None PC Capital Fund/Renovation 200,000
    Outlook Nebraska Inc
    4125 South 72nd Street
    Omaha,NE68127     		None PC Capital Fund/Renovation 230,000
    Project Harmony-Haven For Abuse Response Members
    11949 Q Street
    Omaha,NE68137     		None PC Capital Fund/Renovation 1,000,000
    Santa Monica Inc
    130 N 39th Street
    Omaha,NE68131     		None PC Capital Fund/Renovation 125,000
    Special Olympics Nebraska Inc
    9427 F Street
    Omaha,NE68127     		None PC Program/Project Support 70,000
    Stephen Center Inc
    2723 Q Street
    Omaha,NE68107     		None PC Program/Project Support 225,000
    Strategic Air and Space Museum Foundation
    28210 West Park Highway
    Ashland,NE68003     		None PC General Operating Support 250,000
    Ted E Bear Hollow Inc
    7811 Farnam Drive
    Omaha,NE68114     		None PC General Operating Support 50,000
    The Madonna Foundation
    PO Box 241721
    Omaha,NE68124     		None PC Capital Fund/Renovation 1,000,000
    Together Inc Of Metropolitan Omaha
    812 S 24th Street
    Omaha,NE68108     		None PC General Operating Support 70,000
    United Way Of The Midlands
    2201 Farnam Street
    Omaha,NE68102     		None PC General Operating Support 1,310,239
    Urban League Of Nebraska
    3040 Lake Street
    Omaha,NE68111     		None PC General Operating Support 200,000
    Village of Firth Nebraska
    311 Nemaha Street
    Firth,NE68358     		None GOV Capital Fund/Renovation 45,000
    Wahoo Community Foundation
    640 North Broadway St
    Wahoo,NE68066     		None PC Capital Fund/Renovation 100,000
    Wounded Warriors Family Support Inc
    920 S 107th Ave Suite 250
    Omaha,NE68114     		None PC General Operating Support 150,000
    Youth Care & Beyond Inc
    2819 S 125th Ave Suite 276
    Omaha,NE68144     		None PC Capital Fund/Renovation 54,000
    Youth Frontiers Inc
    7101 Mercy Road Suite 150
    Omaha,NE68106     		None PC Program/Project Support 150,000
    Total .................................bullet 3b 46,316,239
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 694  
    4 Dividends and interest from securities....     14 11,135,272  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 37,211,445  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   48,347,411  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1348,347,411
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    ROBERT B DAUGHERTY FOUNDATION
     
    Employer identification number

    36-3766006
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    ROBERT B DAUGHERTY FOUNDATION
          		Employer identification number
    36-3766006
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    ROBERT B DAUGHERTY ESTATE  
    ONE VALMONT PLAZA
     
    OMAHA, NE68154

    		$ 25,064,855


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    ROBERT B DAUGHERTY FOUNDATION
          		Employer identification number

    36-3766006
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    ROBERT B DAUGHERTY FOUNDATION
          		Employer identification number

    36-3766006
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN:
    36-3766006
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 33,440 6,688   26,752

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2015 DepreciationSchedule
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN:
    36-3766006
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2015 InvestmentsOtherSchedule2
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN:
    36-3766006
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    US EQUITY FUNDS FMV 184,892,773 184,892,773
    INTERNATIONAL FUNDS FMV 101,077,323 101,077,323
    FIXED INCOME FUNDS FMV 129,415,569 129,415,569
    EMERGING MARKET FUNDS FMV 30,455,186 30,455,186
    REAL ASSET FUNDS FMV 48,509,929 48,509,929
    HEDGE FUNDS FMV 166,260,935 166,260,935
    PRIVATE EQUITY FUNDS FMV 11,122,950 11,122,950

    TY 2015 LegalFeesSchedule
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN:
    36-3766006
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 20,462 18,416   2,046


    TY 2015 OtherAssetsSchedule
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN:
    36-3766006
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    OTHER RECEIVABLE   4,016,474 4,016,474


    TY 2015 OtherDecreasesSchedule
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN:
    36-3766006
    Description Amount
    UNREALIZED GAIN/LOSS 47,679,658
    TAX > BOOK PASS-THROUGH INCOME/LOSS 1,074,976
    TAX > BOOK GAIN ON SALE - DONATED STOCK 23,767,500


    TY 2015 OtherExpensesSchedule
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN:
    36-3766006
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVERTISING 1,381 276   1,105
    INSURANCE 32,445 6,489   25,956
    SUPPLIES 10,957 2,191   8,766
    MISCELLANEOUS EXPENSE 21,956 4,391   17,565
    PROFESSIONAL DEVELOPMENT 29,837 5,967   23,870
    OTHER INVESTMENT EXPENSES 1,242,263 1,217,981    


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN:
    36-3766006
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BOOKKEEPING FEES 3,098 620   2,478
    INVESTMENT SERVICE FEES 2,534,605 2,534,605    
    INFORMATION TECHNOLOGY FEES 70,053 14,011   56,042
    ADVISOR FEES 7,870 1,574   6,296


    TY 2015 TaxesSchedule
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN:
    36-3766006
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 45,696 9,139   36,557
    EXCISE TAXES 470,000      
    SALES & USE TAX 77 15   62
    FOREIGN TAXES 62,633 62,633